Type
Internal restructuring
Country
Sweden
Region
Stockholm;
Location of affected unit(s)
Hallstavik
Sector
Manufacturing
Manufacture Of Wood And Paper Materials
Manufacture Of Paper And Paper Products
17 - Manufacture of paper and paper products

260 jobs
Number of planned job losses
Job loss
Announcement Date
5 May 2008
Employment effect (start)
5 May 2008
Foreseen end date
31 December 2010

Description

Hallsta Pappersbruk, a paper mill company and part of Holmen Paper AB - a paper producing group with factories in Norrköping, Hallstavik, Vargön and Madrid (Spain) is to cut 260 jobs by the end of 2010 in its site in Hallstavik, due to internal restructuring. The plan is that 150 employees will have to leave before the end of 2008, 85 in the upcoming year and, finally, 25 employees in 2010.


Sources

Citation

Eurofound (2008), Hallsta Pappersbruk, Internal restructuring in Sweden, factsheet number 66590, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66590.